Integrated Filing — IndAS



General information about company

Scrip Code 540768
NSE Symbol MAHLOG
MSEI Symbol NOTLISTED
ISIN INE766P01016
Name of company Mahindra Logistics Limited
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2026
Date of end of financial year 31-03-2027
Date of board meeting when results were approved 23-10-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 28-09-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Second quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Unaudited
Segment Reporting Single segment
Description of single segment Supply Chain Management
Start date and time of board meeting 23-10-2026   13:02:00
End date and time of board meeting 23-10-2026   14:10:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable
Whether the company has any related party? Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure? Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public NA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure. NA
Whether the company is a high value debt listed entity according to regulation 15 (1A)? No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company? Yes
Latest Date on which RPT policy is updated 27-10-2025
Indicate Company website link for updated RPT policy of the Company https://mahindralogistics.com/tabs/cms/files/Policy-for-determinig-Material-RPTs.pdf
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? Yes
No. of times funds raised during the quarter 1
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
Not applicable as there is no default



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-07-2026 01-04-2026
B Date of end of reporting period 30-09-2026 30-09-2026
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Standalone Standalone
1 Income
Revenue from operations 1,71,375.00 3,36,864.00
Other income 2,009.00 2,838.00
Total income 1,73,384.00 3,39,702.00
2 Expenses
(a) Cost of materials consumed 0.00 0.00
(b) Purchases of stock-in-trade 0.00 0.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 0.00 0.00
(d) Employee benefit expense 9,355.00 18,165.00
(e) Finance costs 1,302.00 2,460.00
(f) Depreciation, depletion and amortisation expense 6,591.00 12,846.00
(f) Other Expenses
1 Operating Expenses 1,47,571.00 2,90,285.00
2 Other Expenses 3,881.00 7,384.00
Total other expenses 1,51,452.00 2,97,669.00
Total expenses 1,68,700.00 3,31,140.00
3 Total profit before exceptional items and tax 4,684.00 8,562.00
4 Exceptional items 0.00 0.00
5 Total profit before tax 4,684.00 8,562.00
6 Tax expense
7 Current tax 600.00 2,009.00
8 Deferred tax 321.00 (110.00)
9 Total tax expenses 921.00 1,899.00
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 3,763.00 6,663.00
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0.00 0.00
16 Total profit (loss) for period 3,763.00 6,663.00
17 Other comprehensive income net of taxes (7.00) (14.00)
18 Total Comprehensive Income for the period 3,756.00 6,649.00
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 9,928.00 9,928.00
Face value of equity share capital 10 10
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 3.79 6.71
Diluted earnings (loss) per share from continuing operations 3.78 6.7
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 3.79 6.71
Diluted earnings (loss) per share from continuing and discontinued operations 3.78 6.7
24 Debt equity ratio 0 0
25 Debt service coverage ratio 0 0
26 Interest service coverage ratio 0 0
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) 1 The Unaudited Standalone Financial Results have been reviewed and recommended by the Audit Committee and approved by the Board of Directors at their respective Meetings held on 23 October 2026. The statutory auditors have performed limited review of the financial results. 2 The Unaudited Standalone Financial Results have been prepared and published in accordance with the Indian Accounting Standards, Section 133 of the Companies Act, 2013 read with Rules framed thereunder and Regulation 33 of SEBI Listing Regulations, as amended from time to time. 3 The Board of Directors had recommended final dividend of Rs. 2.50 per equity share for the year ended 31 March 2026 at its meeting held on 23 April 2026 which has been approved by the Shareholders at the 19th Annual General Meeting held on 20 July 2026. The aforesaid dividend was paid during the quarter ended 30 September 2026 and resulted in outflow of Rs. 24.81 crores. 4 During the quarter ended 30 September 2026, the Company has allotted 54,919 equity shares of Rs. 10 each fully paid-up, on exercise of Restricted Stock Units (RSUs) by eligible employees under the Mahindra Logistics Employee Restricted Stock Unit Plan 2018. 5 During the quarter ended 30 September 2026, the Company received dividend income of Rs.15.00 crores from its subsidiary, Lords Freight (India) Private Limited, which has been recognised under Other Income.



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2026
Date of end of reporting period 30-09-2026
Whether results are audited or unaudited Unaudited
Nature of report standalone or consolidated Standalone
Assets
1 Non-current assets
Property, plant and equipment 82,529.00
Capital work-in-progress 552.00
Investment property 0.00
Goodwill 0.00
Other intangible assets 6.00
Intangible assets under development 0.00
Biological assets other than bearer plants 0.00
Investments accounted for using equity method 0.00
Non-current financial assets
Non-current investments 73,511.00
Trade receivables, non-current 0.00
Loans, non-current 2,289.00
Other non-current financial assets
1 Net Investment in Lease 0.00
2 Other Financial Assets 5,650.00
Total of other non-current financial assets 5,650.00
Total non-current financial assets 81,450.00
Deferred tax assets (net) 4,130.00
Other non-current assets
1 Income Tax Assets (net) 8,238.00
2 Other non-current assets 3,016.00
Total of other non-current assets 11,254.00
Total non-current assets 1,79,921.00
2 Current assets
Inventories 0.00
Current financial asset
Current investments 19,671.00
Trade receivables, current 56,469.00
Cash and cash equivalents 6,102.00
Bank balance other than cash and cash equivalents 5,642.00
Loans, current 104.00
Other current financial assets
Total of other current financial assets 58,010.00
Total current financial assets 1,45,998.00
Current tax assets (net) 9,644.00
Other current assets
Total of other current assets
Total current assets 1,55,642.00
3 Non-current assets classified as held for sale 0.00
4 Regulatory deferral account debit balances and related deferred tax Assets 0.00
Total assets 3,35,563.00
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 9,928.00
Other equity 1,42,220.00
Total equity attributable to owners of parent 1,52,148.00
Non controlling interest
Total equity 1,52,148.00
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 0.00
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises 0.00
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 0.00
Total Trade payable 0.00
Other non-current financial liabilities
1 Lease Liabilities 42,982.00
Total of other non-current financial liabilities 42,982.00
Total non-current financial liabilities 42,982.00
Provisions, non-current 1,177.00
Deferred tax liabilities (net)
Deferred government grants, Non-current
Other non-current liabilities
Total of other non-current liabilities
Total non-current liabilities 44,159.00
Current liabilities
Current financial liabilities
Borrowings, current 0.00
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 17,605.00
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 96,561.00
Total Trade payable 1,14,166.00
Other current financial liabilities
1 Lease Liabilities 17,524.00
2 Other financial liabilities 4,917.00
Total of other current financial liabilities 22,441.00
Total current financial liabilities 1,36,607.00
Other current liabilities 1,848.00
1 Other current liabilities 1,848.00
Total of other current liabilities 1,848.00
Provisions, current 436.00
Current tax liabilities (Net) 365.00
Deferred government grants, Current
Total current liabilities 1,39,256.00
3 Liabilities directly associated with assets in disposal group classified as held for sale
4 Regulatory deferral account credit balances and related deferred tax liability
Total liabilities 1,83,415.00
Total equity and liabilites 3,35,563.00
Disclosure of notes on assets and liabilities



Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-07-2026 01-04-2026
Date of end of reporting period 30-09-2026 30-09-2026
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-07-2026 01-04-2026
B Date of end of reporting period 30-09-2026 30-09-2026
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Standalone Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Remeasurements of the defined benefit plans - gains/(losses) (10.00) (19.00)
2 Income tax relating to items that will not be reclassified to profit or loss 3.00 5.00
Total Amount of items that will not be reclassified to profit and loss (7.00) (14.00)
2 Income tax relating to items that will not be reclassified to profit or loss 0.00 0.00
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss
5 Total Other comprehensive income (7.00) (14.00)



Cash flow statement, indirect

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2026
B Date of end of reporting period 30-09-2026
C Whether results are audited or unaudited Unaudited
D Nature of report standalone or consolidated Standalone
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 8,562.00
Adjustments for reconcile profit (loss)
Adjustments for finance costs 2,460.00
Adjustments for decrease (increase) in inventories 0.00
Adjustments for decrease (increase) in trade receivables, current (27,386.00)
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets 0.00
Adjustments for decrease (increase) in other non-current assets 0.00
Adjustments for other financial assets, non-current 0.00
Adjustments for other financial assets, current 0.00
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current 23,161.00
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities 0.00
Adjustments for increase (decrease) in other non-current liabilities 0.00
Adjustments for depreciation and amortisation expense 12,846.00
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0.00
Adjustments for provisions, current 1,602.00
Adjustments for provisions, non-current 0.00
Adjustments for other financial liabilities, current 0.00
Adjustments for other financial liabilities, non-current 0.00
Adjustments for unrealised foreign exchange losses gains 0.00
Adjustments for dividend income 0.00
Adjustments for interest income 516.00
Adjustments for share-based payments 357.00
Adjustments for fair value losses (gains) 0.00
Adjustments for undistributed profits of associates 0.00
Other adjustments for which cash effects are investing or financing cash flow (400.00)
Other adjustments to reconcile profit (loss) 0.00
Other adjustments for non-cash items (21.00)
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) 12,103.00
Net cash flows from (used in) operations 20,665.00
Dividends received (1,500.00)
Interest paid 0.00
Interest received 0.00
Income taxes paid (refund) (1,138.00)
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities 20,303.00
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0.00
Cash flows used in obtaining control of subsidiaries or other businesses 0.00
Other cash receipts from sales of equity or debt instruments of other entities 0.00
Other cash payments to acquire equity or debt instruments of other entities 0.00
Other cash receipts from sales of interests in joint ventures 0.00
Other cash payments to acquire interests in joint ventures 0.00
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0.00
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0.00
Proceeds from sales of property, plant and equipment 105.00
Purchase of property, plant and equipment 3,068.00
Proceeds from sales of investment property 0.00
Purchase of investment property 0.00
Proceeds from sales of intangible assets 0.00
Purchase of intangible assets 0.00
Proceeds from sales of intangible assets under development 0.00
Purchase of intangible assets under development 0.00
Proceeds from sales of goodwill 0.00
Purchase of goodwill 0.00
Proceeds from biological assets other than bearer plants 0.00
Purchase of biological assets other than bearer plants 0.00
Proceeds from government grants 0.00
Proceeds from sales of other long-term assets 0.00
Purchase of other long-term assets 0.00
Cash advances and loans made to other parties 1,576.00
Cash receipts from repayment of advances and loans made to other parties 83.00
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0.00
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0.00
Dividends received 1,500.00
Interest received 278.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash (3,926.00)
Net cash flows from (used in) investing activities (6,604.00)
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0.00
Payments from changes in ownership interests in subsidiaries 0.00
Proceeds from issuing shares 6.00
Proceeds from issuing other equity instruments 0.00
Payments to acquire or redeem entity's shares 0.00
Payments of other equity instruments 0.00
Proceeds from exercise of stock options 0.00
Proceeds from issuing debentures notes bonds etc 0.00
Proceeds from borrowings 0.00
Repayments of borrowings 0.00
Payments of lease liabilities 11,313.00
Dividends paid 2,481.00
Interest paid 0.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) financing activities (13,788.00)
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes (89.00)
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0.00
Net increase (decrease) in cash and cash equivalents (89.00)
Cash and cash equivalents cash flow statement at beginning of period 6,191.00
Cash and cash equivalents cash flow statement at end of period 6,102.00





Statement on Deviation or Variation for proceeds of Public Issue, Rights Issue, Preferential Issue, Qualified Institutions Placement Etc. (1)

Amount in (Lakhs)

Mode of Fund Raising Rights Issues
Description of mode of fund raising (Applicable in case of others is selected)
Date of Raising Funds 11-07-2025
Amount Raised 74,927.00
Report filed for Quarter ended 30-09-2026
Monitoring Agency Applicable
Monitoring Agency Name, if applicable CARE RATINGS LIMITED
Is there a Deviation / Variation in use of funds raised No
If yes, whether the same is pursuant to change in terms of a contract or objects, which was approved by the shareholders
If Yes, Date of shareholder Approval
Explanation for the Deviation / Variation Not Applicable
Comments of the Audit Committee after review The Audit Committee/Board noted that utilization is in line with the objects of the rights issue.
Comments of the auditors, if any
Sr. Original Object Modified Object, if any Original Allocation Modified allocation, if any Funds Utilised Amount of Deviation/Variation for the quarter according to applicable object Remarks if any
1 Repayment and/or prepayment, in full or part, of all or a portion of certain borrowings availed by our Company and certain Subsidiaries Nil 55,630.00 0.00 55,793.00 0.00 Since the actual spending on issue expenses was lower than the estimate provided in the Offer Document by Rs.1.63 crore, the unutilised amount has been utilised towards repayment of WCDL in accordance with the ‘Schedule of Implementation, Utilisation and Deployment of Net Proceeds’ and the ‘Details of the Objects of the Issue’ in Q3FY26.
2 General Corporate Purpose (GCP) Nil 18,677.00 0.00 13,642.00 0.00 Out of the total issue proceeds, Rs.22.06 crore was utilised during Q2FY27 towards capital expenditure payments to vendors in accordance with the objects of the issue. Of this, Rs.11.55 crore was utilised for extending an inter-corporate deposit (ICDs) to 2X2 Logistics Private Limited, a subsidiary of MLL, pursuant to the approval of the Board of Directors. The balance funds would be utilised for General Corporate Purpose in future periods as per business requirement.
3 Issue Related Expense Nil 620.00 0.00 457.00 0.00 Since the actual spending on issue expenses was lower than the estimate provided in the Offer Document by Rs.1.63 crore, the unutilised amount has been utilised towards repayment of WCDL in accordance with the ‘Schedule of Implementation, Utilisation and Deployment of Net Proceeds’ and the ‘Details of the Objects of the Issue’ in Q3FY26.


Signatory Details

Name of signatory Isha Dalal
Designation of person Chief Financial Officer
Place Mumbai
Date 23-10-2026




Amount in (Lakhs)

Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter)
Sr No. Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken.
Details of the party (listed entity/subsidiary) entering into the transaction Details of the counterparty Type of related party transaction Details of other related party transaction Value of the related party transaction as approved by the audit committee Remarks on approval by audit committee Value of the related party transaction ratified by the audit committee Date of Audit Committee Meeting where the ratification was approved Value of transaction during the reporting period In case monies are due to either party as a result of the transaction In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments Details of the loans, inter-corporate deposits, advances or investments Notes
Name PAN Name PAN Relationship of the counterparty with the listed entity or its subsidiary Opening balance Closing balance Nature of indebtedness (loan/ issuance of debt/ any other etc.) Details of other indebtedness Cost Tenure Nature (loan/ advance/ intercorporate deposit/ investment ) Interest Rate (%) Tenure Secured/ unsecured Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage)
1 Mahindra Logistics Limited MAHINDRA DEFENCE SYSTEMS LIMITED a subsidiary of a holding company to which it is also a subsidiary Sale of goods or services 500.00 Approved 55.00 18.00 21.00
2 Mahindra Logistics Limited MAHINDRA ELECTRIC AUTOMOBILE LIMITED a subsidiary of a holding company to which it is also a subsidiary Sale of goods or services 15,000.00 Approved 7,592.00 915.00 1,681.00
3 Mahindra Logistics Limited MAHINDRA HOLIDAYS AND RESORTS INDIA LIMITED a subsidiary of a holding company to which it is also a subsidiary Purchase of goods or services 100.00 Approved 0.00 0.00 0.00 Textual Information(1)
4 Mahindra Logistics Limited MAHINDRA ACCELO LIMITED a subsidiary of a holding company to which it is also a subsidiary Sale of goods or services 7,500.00 Approved 812.00 786.00 345.00
5 Mahindra Logistics Limited SWARAJ ENGINES LIMITED a subsidiary of a holding company to which it is also a subsidiary Sale of goods or services 500.00 Approved 22.00 8.00 0.00
6 Mahindra Logistics Limited GROMAX AGRI EQUIPMENT LIMITED a subsidiary of a holding company to which it is also a subsidiary Sale of goods or services 1,500.00 Approved 486.00 311.00 257.00
7 Mahindra Logistics Limited NBS INTERNATIONAL LIMITED a subsidiary of a holding company to which it is also a subsidiary Purchase of goods or services 100.00 Approved 0.00 0.00 0.00 Textual Information(2)
8 Mahindra Logistics Limited MAHINDRA LAST MILE MOBILITY LIMITED a subsidiary of a holding company to which it is also a subsidiary Sale of goods or services 26,000.00 Approved 16,767.00 1,983.00 3,726.00
9 Mahindra Logistics Limited MAHINDRA LAST MILE MOBILITY LIMITED a subsidiary of a holding company to which it is also a subsidiary Any other transaction Reimbursement of Expenses to Party 200.00 Approved 1.00 0.00 2.00
10 Mahindra Logistics Limited MAHINDRA AND MAHINDRA LIMITED Holding Company of the Company Sale of goods or services 4,50,000.00 Approved 2,18,434.00 34,405.00 56,141.00
11 Mahindra Logistics Limited MAHINDRA AND MAHINDRA LIMITED Holding Company of the Company Any other transaction Reimbursement of Expenses from Party 1,500.00 Approved 106.00 0.00 0.00
12 Mahindra Logistics Limited MAHINDRA AND MAHINDRA LIMITED Holding Company of the Company Purchase of goods or services 1,400.00 Approved 91.00 532.00 323.00
13 Mahindra Logistics Limited MAHINDRA AND MAHINDRA LIMITED Holding Company of the Company Any other transaction Reimbursement of Expenses To Party 3,200.00 Approved 667.00 0.00 0.00
14 Mahindra Logistics Limited 2 X 2 LOGISTICS PRIVATE LIMITED Subsidiary of the Company Any other transaction Reimbursement of Expenses from Party 100.00 Approved 9.00 1.00 2.00
15 Mahindra Logistics Limited 2 X 2 LOGISTICS PRIVATE LIMITED Subsidiary of the Company Inter-corporate deposit 9,000.00 Approved 1,537.00 724.00 2,261.00 Inter-corporate deposit 10.0 5 Years Unsecured Capital Expenditure for purchase of fleets/vehicles Textual Information(3)
16 Mahindra Logistics Limited 2 X 2 LOGISTICS PRIVATE LIMITED Subsidiary of the Company Purchase of goods or services 20,000.00 Approved 7,027.00 1,020.00 3,047.00
17 Mahindra Logistics Limited 2 X 2 LOGISTICS PRIVATE LIMITED Subsidiary of the Company Interest received 1,100.00 Approved 55.00 0.00 0.00
18 Mahindra Logistics Limited CLASSIC LEGENDS PRIVATE LIMITED a subsidiary of a holding company to which it is also a subsidiary Sale of goods or services 500.00 Approved 26.00 0.00 12.00
19 Mahindra Logistics Limited LORDS FREIGHT (INDIA) PRIVATE LIMITED Subsidiary of the Company Any other transaction Reimbursement of Expenses from Party 500.00 Approved 102.00 190.00 34.00
20 Mahindra Logistics Limited LORDS FREIGHT (INDIA) PRIVATE LIMITED Subsidiary of the Company Any other transaction Reimbursement of Expenses to Party 100.00 Approved 0.00 2.00 0.00
21 Mahindra Logistics Limited ZIPZAP LOGISTICS PRIVATE LIMITED Subsidiary of the Company Sale of goods or services 1,000.00 Approved 128.00 187.00 50.00
22 Mahindra Logistics Limited ZIPZAP LOGISTICS PRIVATE LIMITED Subsidiary of the Company Purchase of goods or services 10,000.00 Approved 1,674.00 807.00 814.00
23 Mahindra Logistics Limited ZIPZAP LOGISTICS PRIVATE LIMITED Subsidiary of the Company Any other transaction Reimbursement of Expenses from Party 300.00 Approved 27.00 0.00 11.00
24 Mahindra Logistics Limited ZIPZAP LOGISTICS PRIVATE LIMITED Subsidiary of the Company Any other transaction Reimbursement of Expenses To Party 200.00 Approved 30.00 0.00 18.00
25 Mahindra Logistics Limited MLL EXPRESS SERVICES PRIVATE LIMITED Subsidiary of the Company Sale of goods or services 3,000.00 Approved 4.00 0.00 1,279.00
26 Mahindra Logistics Limited MLL EXPRESS SERVICES PRIVATE LIMITED Subsidiary of the Company Any other transaction Reimbursement of Expenses from Party 1,500.00 Approved 430.00 982.00 40.00
27 Mahindra Logistics Limited MLL EXPRESS SERVICES PRIVATE LIMITED Subsidiary of the Company Purchase of goods or services 3,200.00 Approved 616.00 485.00 396.00
28 Mahindra Logistics Limited MLL EXPRESS SERVICES PRIVATE LIMITED Subsidiary of the Company Any other transaction Reimbursement of Expenses To Party 100.00 Approved 59.00 0.00 49.00
29 Mahindra Logistics Limited MLL MOBILITY PRIVATE LIMITED Subsidiary of the Company Any other transaction Reimbursement of Expenses from Party 500.00 Approved 146.00 28.00 28.00
30 Mahindra Logistics Limited MLL MOBILITY PRIVATE LIMITED Subsidiary of the Company Purchase of goods or services 1,500.00 Approved 867.00 222.00 207.00
31 Mahindra Logistics Limited CIE AUTOMOTIVE INDIA LIMITED Associate of Holding Company Sale of goods or services 2,000.00 Approved 56.00 248.00 0.00
32 Mahindra Logistics Limited MAHINDRA SOLARIZE PRIVATE LIMITED a subsidiary of a holding company to which it is also a subsidiary Sale of goods or services 100.00 Approved 0.00 1.00 0.00 Textual Information(4)
33 Mahindra Logistics Limited IVC Logistics Limited Joint Venture/Investor of Subsidiary Company Purchase of goods or services 6,000.00 Approved 4,561.00 803.00 95.00
34 Mahindra Logistics Limited SEINO MLL LOGISTICS PRIVATE LIMITED Joint Venture Any other transaction Reimbursement of Expenses from Party 1,000.00 Approved 7.00 2.00 0.00
35 Mahindra Logistics Limited SEINO MLL LOGISTICS PRIVATE LIMITED Joint Venture Any other transaction Reimbursement of Expenses to Party 100.00 Approved 0.00 0.00 3.00 Textual Information(5)
36 Mahindra Logistics Limited Mahindra & Mahindra Financial Services Limited a subsidiary of a holding company to which it is also a subsidiary Purchase of goods or services 500.00 Approved 13.00 3.00 3.00
37 Mahindra Logistics Limited GOLDE PUNE AUTOMOTIVE INDIA, PVT LTD. Associate of Holding Company Sale of goods or services 1,200.00 Approved 102.00 200.00 0.00
38 Mahindra Logistics Limited NBS INTERNATIONAL LIMITED a subsidiary of a holding company to which it is also a subsidiary Sale of goods or services 0.00 Not applicable 0.00 0.00 0.00 Textual Information(6)
39 Mahindra Logistics Limited MITRA AGRO EQUIPEMENT LIMITED a subsidiary of a holding company to which it is also a subsidiary Sale of goods or services 200.00 Approved 36.00 0.00 9.00
40 LORDS FREIGHT (INDIA) PRIVATE LIMITED MAHINDRA AND MAHINDRA LIMITED Ultimate Holding Company Sale of goods or services 10,000.00 Approved 5,483.00 549.00 443.00
41 LORDS FREIGHT (INDIA) PRIVATE LIMITED MAHINDRA AND MAHINDRA LIMITED Ultimate Holding Company Any other transaction Reimbursement of Expenses to Parties 5.00 Approved 1.00 0.00 0.00
42 LORDS FREIGHT (INDIA) PRIVATE LIMITED Mahindra Electric Automobile Limited a subsidiary of a holding company to which it is also a subsidiary Sale of goods or services 0.00 Not applicable 271.00 189.00 46.00
43 LORDS FREIGHT (INDIA) PRIVATE LIMITED Mahindra Last Mile Mobility Limited a subsidiary of a holding company to which it is also a subsidiary Sale of goods or services 0.00 Not applicable 5.00 0.00 4.00
44 LORDS FREIGHT (INDIA) PRIVATE LIMITED Classic Legends Private Limited a subsidiary of a holding company to which it is also a subsidiary Sale of goods or services 0.00 Not applicable 19.00 0.00 0.00
45 LORDS FREIGHT (INDIA) PRIVATE LIMITED Mahindra Defence Systems Limited a subsidiary of a holding company to which it is also a subsidiary Sale of goods or services 0.00 Not applicable 0.00 2.00 0.00 Textual Information(7)
46 LORDS FREIGHT (INDIA) PRIVATE LIMITED SWARAJ ENGINES LIMITED a subsidiary of a holding company to which it is also a subsidiary Sale of goods or services 0.00 Not applicable 1.00 0.00 1.00
47 LORDS FREIGHT (INDIA) PRIVATE LIMITED JANMEJAYA KUMAR SINHA Relative of Director/KMP of the Company Sale of goods or services 0.00 Not applicable 1.00 0.00 0.00
48 LORDS FREIGHT (INDIA) PRIVATE LIMITED Life Insurance Corporation of India Related party of Fellow subsidiaries through intermediate parent Any other transaction Insurance Premium Payment towards Group Gratuity Scheme under Employee Benefit 0.00 Not applicable 0.00 0.00 0.00 Textual Information(8)
49 MLL EXPRESS SERVICES PRIVATE LIMITED Mahindra and Mahindra Limited Ultimate Holding Company Sale of goods or services 34,500.00 Approved 15,463.00 4,589.00 7,111.00
50 MLL EXPRESS SERVICES PRIVATE LIMITED Mahindra and Mahindra Limited Ultimate Holding Company Purchase of goods or services 10.00 Approved 1.00 0.00 0.00
51 MLL EXPRESS SERVICES PRIVATE LIMITED Mahindra and Mahindra Limited Ultimate Holding Company Any other transaction Reimbursement of Expenses to Parties 10.00 Approved 0.00 2.00 0.00
52 MLL EXPRESS SERVICES PRIVATE LIMITED Mahindra Last Mile Mobility Limited a subsidiary of a holding company to which it is also a subsidiary Sale of goods or services 0.00 Not applicable 491.00 0.00 425.00
53 MLL EXPRESS SERVICES PRIVATE LIMITED Seino MLL Logistics Private Limited Joint venture of Holding company Sale of goods or services 0.00 Not applicable 0.00 1.00 0.00
54 MLL EXPRESS SERVICES PRIVATE LIMITED Seino MLL Logistics Private Limited Joint venture of Holding company Any other transaction Reimbursement of Expenses from Parties 0.00 Not applicable 1.00 0.00 0.00
55 MLL EXPRESS SERVICES PRIVATE LIMITED MAHINDRA AND MAHINDRA FINANCIAL SERVICES LIMITED a subsidiary of a holding company to which it is also a subsidiary Purchase of goods or services 0.00 Not applicable 7.00 1.00 3.00
56 MLL EXPRESS SERVICES PRIVATE LIMITED Tech Mahindra Limited Associate of Holding Company Purchase of goods or services 0.00 Not applicable 152.00 44.00 154.00
57 MLL EXPRESS SERVICES PRIVATE LIMITED MLL Express Services-Gratuity-Cum-Life Assurance Scheme Trust Post-Employment Benefit Plan Any other transaction contribution to trust - post retirement benefit 0.00 Not applicable 5.00 0.00 0.00
58 MLL Mobility Private Limited LORDS Freight India Pvt Ltd a subsidiary of a holding company to which it is also a subsidiary Sale of goods or services 0.00 Not applicable 3.00 3.00 0.00
59 MLL Mobility Private Limited LORDS Freight India Pvt Ltd a subsidiary of a holding company to which it is also a subsidiary Any other transaction REIMBURSEMENT FROM PARTIES 0.00 Not applicable 3.00 0.00 0.00
60 MLL Mobility Private Limited Mahindra & Mahindra Limited Ultimate Holding Company Sale of goods or services 14,000.00 Approved 6,227.00 2,585.00 3,431.00
61 MLL Mobility Private Limited Mahindra & Mahindra Limited Ultimate Holding Company Any other transaction REIMBURSEMENT TO PARTIES 200.00 Approved 21.00 0.00 0.00
62 MLL Mobility Private Limited Mahindra & Mahindra Limited Ultimate Holding Company Any other transaction REIMBURSEMENT FROM PARTIES 230.00 Approved 219.00 0.00 0.00
63 MLL Mobility Private Limited MAHINDRA AND MAHINDRA FINANCIAL SERVICES LIMITED a subsidiary of a holding company to which it is also a subsidiary Purchase of goods or services 0.00 Not applicable 2.00 1.00 0.00
64 MLL Mobility Private Limited Tech Mahindra Limited Associate of Holding Company Sale of goods or services 0.00 Not applicable 1,094.00 332.00 248.00
65 MLL Mobility Private Limited MLL Express Services Private Limited a subsidiary of a holding company to which it is also a subsidiary Sale of goods or services 0.00 Not applicable 34.00 9.00 8.00
66 MLL Mobility Private Limited 2 X 2 Logistics Private Limited a subsidiary of a holding company to which it is also a subsidiary Sale of goods or services 0.00 Not applicable 0.00 0.00 0.00 Textual Information(9)
67 MLL Mobility Private Limited Mahindra World City Developers Limited a subsidiary of a holding company to which it is also a subsidiary Sale of goods or services 0.00 Not applicable 13.00 5.00 14.00
68 MLL Mobility Private Limited SEINO MLL LOGISTICS PRIVATE LIMITED Joint venture of Holding company Sale of goods or services 0.00 Not applicable 11.00 1.00 2.00
69 ZIPZAP Logistics Private Limited ANKIT MANDHANIA Director of the Company Any other transaction Reimbursement to parties 0.00 Not applicable 1.00 0.00 0.00
70 ZIPZAP Logistics Private Limited MLL EXPRESS SERVICES PRIVATE LIMITED a subsidiary of a holding company to which it is also a subsidiary Sale of goods or services 0.00 Not applicable 4.00 0.00 3.00
71 ZIPZAP Logistics Private Limited Maindra & Mahindra Limited Ultimate Holding Company Any other transaction Reimbursement to parties 0.00 Not applicable 0.00 0.00 0.00 Textual Information(10)
72 2 X 2 LOGISTICS PRIVATE LIMITED IVC LOGISTICS LIMITED Investing Company or Venturer of the Company Sale of goods or services 2,000.00 Approved 41.00 51.00 13.00
73 2 X 2 LOGISTICS PRIVATE LIMITED MAHINDRA AND MAHINDRA LIMITED Ultimate Holding Company Purchase of goods or services 800.00 Approved 99.00 1.00 0.00
74 2 X 2 LOGISTICS PRIVATE LIMITED MAHINDRA AND MAHINDRA LIMITED Ultimate Holding Company Sale of goods or services 0.00 Not applicable 0.00 0.00 5.00
75 2 X 2 LOGISTICS PRIVATE LIMITED IVC LOGISTICS LIMITED Investing Company or Venturer of the Company Inter-corporate deposit 7,163.00 Approved 1,258.00 592.00 1,850.00 Inter-corporate deposit 10.0 5 years Unsecured Capital Expenditure for purchase of fleets/vehicles Textual Information(11)
76 2 X 2 LOGISTICS PRIVATE LIMITED IVC LOGISTICS LIMITED Investing Company or Venturer of the Company Interest paid 882.00 Approved 45.00 0.00 0.00
77 2 X 2 LOGISTICS PRIVATE LIMITED IVC LOGISTICS LIMITED Investing Company or Venturer of the Company Any other transaction REIMBURSEMENT TO PARTIES 100.00 Approved 22.00 592.00 0.00
78 2 X 2 LOGISTICS PRIVATE LIMITED MAHINDRA AND MAHINDRA LIMITED Ultimate Holding Company Any other transaction REIMBURSEMENT TO PARTIES 5.00 Approved 0.00 0.00 0.00 Textual Information(12)
79 V-LINK FREIGHT SERVICES PRIVATE LIMITED MAHINDRA AND MAHINDRA LIMITED Ultimate Holding Company Any other transaction REIMBURSEMENT TO PARTIES 0.00 Not applicable 1.00 0.00 1.00
80 V-LINK FREIGHT SERVICES PRIVATE LIMITED LORDS FREIGHT (INDIA) PRIVATE LIMITED a subsidiary of a holding company to which it is also a subsidiary Any other transaction TRADE ADVANCES RECEIVED 100.00 Approved 1.00 0.00 1.00
81 V-LINK FREIGHT SERVICES PRIVATE LIMITED LORDS FREIGHT (INDIA) PRIVATE LIMITED a subsidiary of a holding company to which it is also a subsidiary Any other transaction REIMBURSEMENT FROM PARTIES 15.00 Approved 1.00 0.00 0.00
82 Mahindra Logistics Limited Mahindra & Mahindra Financial Services Limited a subsidiary of a holding company to which it is also a subsidiary Any other transaction REIMBURSEMENT FROM PARTIES 0.00 Not applicable 0.00 6.00 0.00
83 Mahindra Logistics Limited Mahindra University Associate of Holding Company Purchase of goods or services 100.00 Approved 0.00 6.00 0.00
84 Mahindra Logistics Limited Yash Jalta Relative of Director /KMP of Holding Company Remuneration 60.00 Approved 34.00 0.00 0.00
85 MLL Mobility Private Limited Mahindra & Mahindra Limited Ultimate Holding Company Purchase of goods or services 1,500.00 Approved 0.00 33.00 0.00
Total value of transaction during the reporting period 2,93,580.00



Text Block

Textual Information(1) 0.00 in opening balance represents amount less than Rs.50,000
Textual Information(2) 0.00 in closing balance represents amount less than Rs.50,000
Textual Information(3) 7.75% p.a. - linked to 3 months T-Bill (3 months T-bill i.e. 5.25% + 245bps) upto a maximum of 10% p.a., with reset every 6 months
Textual Information(4) 0.00 in transaction amount represents amount less than Rs.50,000
Textual Information(5) 0.00 in closing balance represents amount less than Rs.50,000
Textual Information(6) 0.00 in opening and closing balance represents amount less than Rs.50,000
Textual Information(7) 0.00 in transaction represents amount less than Rs.50,000
Textual Information(8) 0.00 in opening balance represents amount less than Rs.50,000
Textual Information(9) 0.00 in transaction amount represents amount less than Rs.50,000
Textual Information(10) 0.00 in closing balance represents amount less than Rs.50,000
Textual Information(11) 7.75% p.a. - linked to 3 months T-Bill (3 months T-bill i.e. 5.25% + 245bps) upto a maximum of 10% p.a., with reset every 6 months.
Textual Information(12) 0.00 in closing balance represents amount less than Rs.50,000